At a Glance
- Tasks: Monitor credit risk metrics and collaborate with teams to enhance underwriting processes.
- Company: Join FCE Bank plc, the finance arm of Ford, driving accessibility in vehicles.
- Benefits: Diverse workplace, competitive salary, and opportunities for professional growth.
- Other info: Flexible working environment with a commitment to diversity and equality.
- Why this job: Make a real impact in a global organisation while developing your analytical skills.
- Qualifications: Experience in commercial underwriting and strong analytical mindset required.
The predicted salary is between 40000 - 50000 £ per year.
At FCE Bank plc (the captive finance arm of Ford Motor Company), we help millions of customers go further by making vehicles accessible and affordable. We are seeking a dynamic Credit Risk Analyst - Commercial to join our Risk Management team. In this role, you will act as a vital Second Line of Defence (SLOD), safeguarding the bank against credit losses while enabling sustainable business growth. Working within our Commercial and Wholesale Credit Risk team, you will help shape how we originate, monitor, and manage loans and leases. You will leverage data-driven insights to monitor portfolio health, partner with operational teams, and design robust underwriting frameworks. If you are an analytical thinker who thrives in a fast-paced environment and enjoys collaborating with diverse stakeholders, this is your opportunity to drive real-world impact in a global organisation.
Responsibilities
- Portfolio Monitoring & MI: Develop and maintain Management Information (MI) frameworks to dynamically track and report on credit risk metrics (KRIs, KPIs, and risk appetite).
- Risk & Variance Analysis: Perform variance analyses to identify and explain portfolio shifts driven by borrower behavior, macroeconomic trends, and market developments.
- 1LOD Partnership: Partner with First Line of Defence (1LOD) operational teams to enhance credit processes, underwriting expertise, and product originations.
- Emerging Risk Mitigation: Identify emerging credit risks through internal data and external market scanning, recommending actionable mitigation strategies.
- Originations Infrastructure: Support underwriting guidelines development and integrate qualitative and quantitative scorecards.
- Testing & Validation: Formulate and execute test plans to ensure the seamless deployment of scorecard enhancements and system upgrades.
- Committee Support & Oversight: Provide Second Line of Defence (2LOD) oversight for Credit Committee proposals and support policy committee materials.
- Policy & Assurance: Maintain credit risk policies and facilitate portfolio assurance activities to ensure compliance with risk appetites.
Essential
- Proven experience in Commercial and Wholesale underwriting.
- Experience preparing and supporting materials for Credit and Policy Committees.
- Strong track record of assessing external market risks and their impact on credit portfolios.
- An analytical, data-driven mindset with the ability to resolve complex business challenges.
- Excellent communication and negotiation skills, with the confidence to interface with senior leaders and global stakeholders.
- Ability to thrive in a fast-paced, collaborative corporate environment.
Desirable
- Experience using emerging AI/IT tools to streamline data workflows and enhance MI reporting efficiency.
- Experience designing and executing test plans for risk-related change programs.
- Experience implementing digital risk products, services, or credit scorecards.
- Experience designing credit policies, procedures, and underwriting guidelines.
This position is based in Dunton, and it is expected the successful candidate will be able to attend the Dunton Campus for typically 4 days a week and remain flexible on the days they are required to attend the office according to business requirements. As part of our pre-employment checks process, successful candidates will be required to undergo a criminal record check. This will be conducted in line with the Rehabilitation of Offenders Act 1974 and applied only to unspent convictions.
Credit Risk Analyst in Basildon employer: Ford Credit
FCE Bank plc offers an exceptional work environment for a Credit Risk Analyst, fostering a culture of collaboration and innovation within the dynamic Risk Management team. Located in Dunton, employees benefit from a commitment to diversity, professional growth opportunities, and the chance to make a tangible impact in a global organisation dedicated to making vehicles accessible and affordable. With a focus on data-driven insights and robust underwriting frameworks, this role provides a meaningful career path in a fast-paced corporate setting.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Risk Analyst in Basildon
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Ford Credit. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Credit Risk Analyst in Basildon
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Ford Credit.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Ford Credit's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Ford Credit
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Ford Credit.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Ford Credit will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Ford Credit employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
